Report Update Nov 1, 2024

Libya - Frozen Fish Fillet - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Frozen Fish Fillet Market 2024

Frozen Fish Fillet Market Size in Libya

The Libyan frozen fish fillet market fell to $X in 2022, with a decrease of -11.3% against the previous year. Overall, consumption showed a abrupt decline. Frozen fish fillet consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Frozen Fish Fillet Production in Libya

In value terms, frozen fish fillet production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2016 with an increase of 24% against the previous year. Frozen fish fillet production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Frozen Fish Fillet Exports

Exports from Libya

In 2022, frozen fish fillet exports from Libya expanded slightly to X tons, surging by 3.2% on the previous year. Over the period under review, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of 127%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, frozen fish fillet exports shrank to $X in 2022. Overall, exports saw prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 158% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

South Korea (X tons) was the main destination for frozen fish fillet exports from Libya, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Korea amounted to +13.9%.

In value terms, South Korea ($X) also remains the key foreign market for frozen fish fillet exports from Libya.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea amounted to +6.0%.

Export Prices by Country

In 2022, the average frozen fish fillet export price amounted to $X per ton, dropping by -13.5% against the previous year. Overall, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 41% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to -1.7% per year.

Frozen Fish Fillet Imports

Imports into Libya

In 2022, approx. X tons of frozen fish fillet were imported into Libya; which is down by -23.6% against 2021. Overall, imports showed a pronounced decline. The pace of growth was the most pronounced in 2018 when imports increased by 195% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen fish fillet imports contracted notably to $X in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 190%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest frozen fish fillet supplier to Libya, with a 63% share of total imports. Moreover, frozen fish fillet imports from India exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +41.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+6,668.5% per year) and Turkey (+33.6% per year).

In value terms, India ($X) constituted the largest supplier of frozen fish fillet to Libya, comprising 61% of total imports. The second position in the ranking was held by Brazil ($X), with a 22% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India stood at +42.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+3,932.6% per year) and Turkey (+18.0% per year).

Import Prices by Country

In 2022, the average frozen fish fillet import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in 2017 an increase of 140%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen fish fillet in the world?

The countries with the highest volumes of in 2021 were the United States, Vietnam and Germany, with a combined 43% share of global consumption. These countries were followed by China, the UK, Japan, France, Poland, Spain, Italy, Mexico, Russia and Greenland, which together accounted for a further 34%.

What are the largest producers of frozen fish fillet in the world?

The countries with the highest volumes of in 2021 were Vietnam, China and the United States, together accounting for 53% of global production. Germany, Norway, the UK, Chile, Russia, Greenland, Argentina, Iceland, Namibia and France lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of frozen fish fillet to Libya?

In value terms, India constituted the largest supplier of frozen fish fillet to Libya, comprising 75% of total imports. The second position in the ranking was occupied by Spain, with a 17% share of total imports.

What are the leading importers of frozen fish fillet from Libya?

In value terms, the largest markets for frozen fish fillet exported from Libya were the United States, Canada and Japan, with a combined 93% share of total exports.

What is the average export price for frozen fish fillet in Libya?

The average frozen fish fillet export price stood at $4,427 per ton in 2021, falling by -10.6% against the previous year.

What is the average import price for frozen fish fillet in Libya?

In 2021, the average frozen fish fillet import price amounted to $3,996 per ton, rising by 13% against the previous year.

This report provides an in-depth analysis of the frozen fish fillet market in Libya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10201400 - Frozen fish fillets

Country coverage:

Libya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Libya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023